Saudi Arabia’s $1 Trillion Wealth Fund to Unveil New Investment Strategy

Saudi Arabia’s $1 Trillion Wealth Fund to Unveil New Investment Strategy

The Public Investment Fund (PIF), Saudi Arabia’s $1-trillion sovereign wealth fund, will unveil by the end of the year its new long-term strategy on how it would support the Kingdom’s economy and diversified it from oil, and increase returns on investments, the fund’s governor has said.  “In the coming two months or so, we will set the new strategy for the PIF, which is a continuation from the original one, until 2030 and from 2030 all the way t…

Saudi PIF to Set New Strategy With View to Local Investment

Saudi Arabia’s sovereign wealth fund plans to unveil a new long-term strategy as it looks to boost investment returns, bolster the local economy and drive the kingdom’s push to diversify away from oil.

PIF to set out strategy for ‘all the way to 2040 and beyond’

Yasir Al Rumayyan at DC event Blueprint expected in next 2 months PIF aims to double AUM to $2trn Saudi Arabia’s Public Investment Fund will unveil a new strategy within the next two months, its governor has said, as it seeks to double assets under management by 2030.  Speaking to business leaders in the US yesterday, Yasir Al Rumayyan said the sovereign wealth fund had lifted its internal rate of return to 7.2 percent, from less than 2 percent …

Saudi PIF to set new strategy with view to local investment

Head of Saudi Arabia’s Public Investment Fund says it will detail new investment priorities this autumn